PAL welcomes new investor

The management of Philippine Airlines (PAL) today (04 April 2012) said it was officially informed of the entry of a new investor in the…

Airfreight demand rises in February, but outlook still fragile

Global air cargo volume in February 2012 rose 5.2 percent year-on-year, according to the latest traffic results from the International Air Transport Association (IATA).…

Changi Airport unveils $12-M cargo incentive package

Singapore’s Changi Airport Group (CAG) has laid down a nearly US$12-million (SGD15 million) cargo incentive package to lift airfreight traffic. The package, part of…

Asia-Pacific air cargo traffic posts growth

International air cargo demand for February 2012 grew by 7.8 percent compared to the softer freight market conditions last year when the Chinese New…

Cebu Pacific flies to 3 new international destinations

Philippine budget airline Cebu Pacific (CEB) recently launched three international flights — from Manila to Hanoi, Kalibo-Hong Kong and Manila-Xiamen and vice versa. “In…

AAHK welcomes government approval of 3-runway system for HKIA

Airport Authority Hong Kong (AAHK) said on March 20 it welcomed the Hong Kong government’s approval of the three-runway option as the future development…

Cargo shipments not yet a priority at Clark

Despite more and more airlines using Clark International Airport (CIA), two hours north of Manila, as a hub cargo shippers in the area will…

PH aviation agency receives more petitions for higher fuel surcharge

Nine airlines — four Philippine-flagged and five foreign — have filed separate petitions before the Philippine Civil Aeronautics Board (CAB) to increase their fuel…

Airphil Express eyes more international services

Budget Philippine airline Airphil Express will likely launch a new international service in May to help boost revenues to between P10 billion and P11…

IATA cuts industry forecast due to ‘toxic’ oil prices

The International Air Transport Association (IATA) downgraded its global industry outlook for 2012 to $3 billion from $3.5 million last December on account of…

Changi Airport cargo traffic rebounds in February

Cargo movements at Singapore Changi Airport, which decreased 7.1 percent in January 2012 due to the Lunar New Year holidays, rebounded in February. The…

Airphil Express chases North, Central Luzon markets

CLARKFIELD, Pampanga, Philippines — Budget airline Airphil Express is further expanding its service network this year and eyeing more passengers from the strongly emerging…

Cebu Pacific income drops 48% in 2011

Philippine budget carrier Cebu Pacific (CEB) reported a 47.6% dip in 2011 net income to P3.624 billion from P6.922 billion in 2010, due mainly…

HKIA cargo traffic up in February

Cargo traffic at the Hong Kong International Airport (HKIA) recorded a double-digit growth in February 2012, but airport authorities admitted this was partly due…

PH gov’t, Takenaka ink deal for NAIA Terminal 3

The Philippine Department of Transportation and Communications (DOTC) finally sealed a deal with Ninoy Aquino International Airport Terminal 3 (NAIA T3) contractor Takenaka Corp,…

P500M screening systems to beef up PH airport security

The Philippine Department of Transportation and Communications (DOTC) will procure additional airport security devices worth about P500 million for installation in 45 of the…

HK Cathay Pacific profit falls on high fuel costs, weak demand

Hong Kong’s Cathay Pacific Airways posted a profit of HK$5.5 billion (US$708 million) for 2011, a decline of 61 percent from a record profit…

Hong Kong AAT cargo traffic rises 23% in February

Asia Airfreight Terminal (AAT), a cargo terminal operator at the Hong Kong International Airport, announced a tonnage throughput of 51,690 tonnes in February 2012,…

AAHK invests $2.2 billion on 16 parking stands

Airport Authority Hong Kong (AAHK) recently unveiled the HK$2.2 billion West Apron development, which will help Hong Kong International Airport (HKIA) meet its medium-term…

Asia-Pacific air cargo declines for January, says ACI

Air freight traffic for the Asia-Pacific region dropped by almost 13 percent, inducing a global decline of over 7 percent, in January from the…